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Honduran government ends electricity monopoly

Monday, January 20, 2014

The Honduran government approved a new law which ends the state electricity firm's monopoly over the sector.

The Enee, as the state firm is known, was ordered to become a public limited company by no later than July 1, 2015, a move which aims to modernize the company.

Part of the project is to divide the company into three separate firms, each one responsible for a different aspect of its operations, and will be backed by Banco Ficohsa, Banco Atlántida and Banco Continental.

Full story (in Spanish)